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Housing Today
Trusted media brand of the Chartered Institute of Housing
Chancellor reportedly set to raise council tax on highest value properties
Wednesday’s budget also expected include new money to hire planners
The chancellor is reportedly planning to increase tax on the most expensive properties and invest millions to recruit hundreds of new planners.
According to reports in The Times ahead of the Budget on Wednesday, Rachel Reeves is expected to apply a surcharge worth an average £4,500 on around 150,000 households with homes worth more than £2m.
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